As top finance ministers from around the world gather at a beachside resort in South Africa for the G20 summit, the host nation is struggling to keep its agenda on …
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Development
- BusinessDevelopmentFinance & ServicesInfrastructureReal Estate
FCMB, TotalEnergies Cooperative Partner to Develop $150m Louisville Project in Eko Atlantic City
First City Monument Bank (FCMB) has partnered with TotalEnergies Staff Housing Cooperative Multipurpose Society Ltd (TEHC) to finance the development of Louisville Phase 1, a premium residential tower within the …
- AfricaBusinessDevelopmentEnergyInternational RelationsOil & GasTANZANIA
FIRST E&P, Tanzania’s TPDC Sign MoU to Develop Mnazi Bay North Block
FIRST Exploration & Petroleum Development Company (FIRST E&P) has entered into a strategic partnership with the Tanzania Petroleum Development Corporation (TPDC) to explore and potentially develop the Mnazi Bay North …
- BusinessDevelopmentEconomyFinance & ServicesGOVERNMENTLabour
Nigeria’s Pension Fund Hits N24.1 Trillion in May 2025
Nigeria’s pension fund assets under the Contributory Pension Scheme (CPS) have reached an all-time high of N24.1 trillion as of May 31, 2025. This marks a significant growth of N3.9 …
- AfricaBusinessDevelopmentEconomyEthiopiaInfrastructure
New Development Bank Offers Fairer Option for Developing Nations
The Brazilian Ambassador to Ethiopia, Mr. Jamdyr Ferreira Santos, has praised the New Development Bank (NDB) as a strong and fair alternative to traditional global lenders. He said the bank …
The African Union (AU) and the Pan African Parliament (PAP) have agreed to work more closely together in order to solve ongoing problems facing the African continent—especially those related to …
The World Bank has approved a new project to support Kenya’s efforts in fighting poverty and improving lives through social protection. The Second Kenya Social and Economic Inclusion Project (KSEIP2) …
- Banking, Finance & InvestmentDevelopmentEnergyFinance & Services
FirstBank Strengthens Partnership with UN Global Compact to Drive Sustainable Finance and Development
First Bank of Nigeria Limited, commonly known as FirstBank, has reaffirmed its commitment to sustainable finance through its strengthened partnership with the United Nations Global Compact (UNGC). The bank made …
- DevelopmentGOVERNMENTNigeriaOil & GasPoliticsSecurity
Amnesty Programme Administrator Commends Tinubu for Sustaining Niger Delta Peace
The Administrator of the Presidential Amnesty Programme (PAP) and Special Adviser to President Bola Ahmed Tinubu on Niger Delta Affairs, Dr. Dennis Brutu Otuaro, has praised the Tinubu administration for …
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Yakubu Gowon University Empowers Over 12,000 Students with Entrepreneurial Skills
The Yakubu Gowon University, formerly known as the University of Abuja, has disclosed that it has empowered over 12,000 of its students with various entrepreneurial skills aimed at making them …